ENEVO Power Targets 2-3 Year Expansion in Trading and Asset Management
Updated
Updated · Energy Industry Review · Jun 12
ENEVO Power Targets 2-3 Year Expansion in Trading and Asset Management
1 articles · Updated · Energy Industry Review · Jun 12
Summary
October 2024-founded ENEVO Power said its next 2-3 years will focus on expanding asset management, strengthening forecasting and commercial optimisation, growing its end-customer base and developing wholesale trading.
Corina Drumeanu said the unit was created to complete ENEVO Group’s energy-project value chain, adding procurement, supply, trading and monetisation after the group designs and builds renewable assets.
Two commercial models underpin that strategy: direct purchase contracts that give producers predictable revenues, and market-access services that leave them exposed to price swings but with potential upside.
Romania’s imbalance and regulatory risks shape the approach, with ENEVO Power stressing forecasting, rapid intraday trading and disciplined portfolio management over speculative positions.
Cross-border trading, including in Moldova, is a possible next step as the company pursues diversification to reduce exposure to shifts in supply, wholesale and end-customer markets.